PPP Loan information for M & w electric incorporated

$1,510,172

M & w electric incorporated was initially approved for PPP Loan of amount $1,510,172, the current approved amount is $1,510,172. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $1,510,172 was used to fund payroll.

M & w electric incorporated is Existing or more than 2 years old

PPP Loan Search / OR / ALBANY / M & w electric incorporated

M & W ELECTRIC INCORPORATED

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

M & W ELECTRIC INCORPORATED

Borrower Address

29889 HIGHWAY 34 SW

Borrower City

ALBANY

Borrower State

OR

Borrower Zip

97321

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1510172.00

Current Approval Amount

1510172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

LINN

Project State

OR

Project Zip

97321-0001

CD

OR-04

Jobs Reported

500

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1422.00

Payroll Proceed

1503026.00

Mortgage Interest Proceed

0.00

Rent Proceed

5724.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

913370.64

Forgiveness Date

03/31/2021

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